2640 Berlin Tpke Newington, CT 06111
For Sale
This exceptional 3.22-acre retail land site presents a remarkable investment opportunity in Newington, Connecticut. Located at 2640 Berlin Turnpike, this level lot enjoys unparalleled visibility and accessibility along one of Connecticut's busiest retail corridors. The property's strategic position directly adjoins a thriving Aldi grocery store, further enhancing its desirability. Surrounded by a concentration of national retailers including Walmart, Target, Stop & Shop, Lowe's, and Whole Foods, this site benefits from significant consumer traffic and established brand recognition. The high-traffic location boasts excellent access via Berlin Turnpike (28,800 cars per day) and Kitts Lane (8,100 cars per day), ensuring maximum exposure for any development. This property is ideal for owner-users seeking to establish a new business or investors looking to capitalize on the strong retail market in this prime location. The level lot is ready for immediate development, minimizing pre-construction hurdles and accelerating the return on investment. This is a rare opportunity to acquire a premier retail land site in a highly sought-after area of Connecticut. Don't miss this chance to secure a piece of Newington's thriving retail landscape.
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ALDI Specialty Food Shop Supermarket
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Newington, CTNewington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.